Portfolio

Portfolio

As of June 30, 2022

Portfolio Snapshot
Total Investment1 $2.4B
Number of Investments1 61
Number of Properties1 448
Geographical Location 33 U.S. States & the United Kingdom
Proceeds Raised $2.0B

Investment Type Number of Investments1 Number of Properties1 Amount1
Equity | Direct Investments 56 56 $1.4B
Equity | Unconsolidated Investments 52 392 $1.0B

Investment Type: Equity | Direct Investments

Number of Investments: 56
Number of Properties: 56
Amount $1.4B

 

Investment Type: Equity | Unconsolidated Investments

Number of Investments: 52
Number of Properties: 392
Amount $1.0B

 
EQUITY PORTFOLIO1,3

Facility Type

Geographic Location

Equity | Direct Investments
Investment # of Properties1DateFacility
Type3
LocationAmount1

Equity | Direct Investments

Winterfell 32May 2015/
Mar 2016
ILF12 States$905.0MM
Rochester4 10Aug 2017ILF
ALF
Rochester, NY$219.5MM
Arbors 4Sep 2014ALFLong Island, NY$126.8MM
Avamere 5Feb 2017ILF
ALF
Oregon & Washington$99.4MM
Watermark Aqua4 4VariousILF
ALF
Texas & Ohio$77.5MM
Oak Cottage 1Feb 2017MCFSanta Barbara, CA$19.4MM
Equity | Unconsolidated Investments
Investment Joint Venture Partner(s)# of
Properties1
DateFacility
Type 3
LocationOwnershipAmount1

Equity | Unconsolidated Investments

Diversified US/UK NRF HoldCo, LLC & Partner246Dec 2014MOB
ALF
SNF
Hospital
28 States & 46 Properties in UK14.3%$445.9MM
Trilogy5 American Healthcare REIT, Inc.95Dec 2015SNF
ALF
4 States23.2%$420.7MM
Eclipse Formation Capital, NRF HoldCo,LLC & Partner51May 2014ALF
SNF
11 States5.6%$37.3MM
Espresso6 Formation Capital & Safanad-Jul 2015SNF
ALF
3 States36.7%-

ALF: Assisted Living | CCRC: Continuing Care Retirement Communities | ILF: Independent Living | MCF: Memory Care | MOB: Medical Office Building | SNF: Skilled Nursing

Pinebrook | Milford, OH
Oak Cottage | Santa Barbara, CA
Winterfell | South Colleyvine Ranch | Grapevine, TX

NorthStar Healthcare owns the properties pictured. 1) Does not include properties held for sale. Based on cost for real estate equity investments, which includes purchase price allocations related to net intangibles, deferred costs, other assets, if any, and adjusted for subsequent capital expenditures. May exclude other costs and expenses, including pre-funded capital expenditures, adjustments for working capital and other items relating to the closing of the investment. Includes NorthStar Healthcare’s proportionate share of assets acquired through unconsolidated joint ventures. 2) Includes investment in Solstice Senior Living, LLC, or Solstice. 3) Classification based on predominant type of services provided at each property, but may include other services. 4) Owned jointly by NorthStar Healthcare and Freshwater for 97% and 3% interests, respectively. 5) Includes institutional pharmacy and therapy businesses and lease purchase buy-out options, which are not subject to property count. 6) As a result of the joint venture pursuing dispositions of its various sub-portfolios, the remaining 62 properties have been classified as held for sale as of June 30, 2022.